To become the first climate-neutral bloc in the world by 2050, the EU needs massive investments from both public and private sectors. The Innovation Fund will provide around €10 billion of support over 2020-2030 for the commercial demonstration of innovative low-carbon technologies, aiming to bring to the market industrial solutions to decarbonise Europe.
The first call for large-scale projects opened on 3 July with a budget of €1 billion for breakthrough technologies for renewable energy, energy-intensive industries, energy storage, and carbon capture, use and storage. The Fund will need to leverage public and private sources of funding to deliver the technological revolution that Europe needs.
Bringing together financiers and industry representatives, the 1st Financing Innovative Clean Tech conference will provide insight into how a project can reach financial close.
Conference overview:
- What makes an innovative clean tech project attractive for financiers
- How to balance profitability and innovativeness
- How to structure the financing of innovative clean tech projects
- What added value can the Innovation Fund bring to investors and project promoters
More information regarding the registration to the event will follow soon. Access to the conference agenda here.
More information on the first call for large-scale projects of the Innovation Fund.